Rise of altcoins

Investors and cryptocurrency believers have been pursuing other altcoins recently as well, creating substantial gains in the top 30. The most notable gains include Cardano (ADA) and Stellar (XLM), which have both jumped more than 30% on the day, as well as Status (SNT), which saw an over 100 percent increase in the past 24 hours.

Meanwhile, on Jan. 3 BTC dominance (percentage of total market capitalization) hit a new record low of 34.6 percent.